Examples of Initial Index in a sentence
Index Performance Factor A fraction, the numerator of which shall be the Final Index Value or Final Average Index Value, as applicable, and the denominator of which shall be the Initial Index Value.
The percentage appreciation of the Performance Measurement Index shall be established by comparing the Initial Index Value to the Closing Index Value.
If the CPI-U is changed so that the base year differs from that used for the Initial Index Number, the CPI-U shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics.
The Index Range can also be expressed as follows: Index Range = > (Initial Index Value x ); and < (Initial Index Value x ) Absolute Index Return The Absolute Index Return is the absolute value of the following formula: Initial Index Value Index Closing Value The Index Closing Value on any Index Business Day shall equal the closing value of the Index or any Successor Index (as defined below) published at the regular weekday close of trading on that Index Business Day.
If the Monthly Average Index Level is equal to or less than the Initial Index Level, then there shall be no Index Return Payment.